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Business

New hotel to be built at Biltmore in Asheville

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Biltmore is building a second hotel at Biltmore Estate that's expected to create about 230 jobs. The Asheville Citizen-Times reported construction is expected to begin by mid-October. The Village Hotel will have 209 guestrooms and is expected to open in November 2015. Full story...
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Linamar Corp. adding 125 auto parts jobs in NC

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An auto parts manufacturer is being offered $1.4 million in incentives to add 125 North Carolina jobs that pay average salaries lower than the local average. Full story...
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Duke Energy Progress to replace street lights

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Duke Energy Progress says it is launching an initiative to modernize outdoor lighting across its service area. The utility says it's received approval from the N.C. Utilities Commission to replace more than 100,000 mercury vapor street and area lights with advanced light emitting diode, or LED, fixtures. Full story...
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NC official: Japanese trip will pay dividends

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North Carolina's top economic development official says the state is aggressively trying to land a foreign automaker. As part of the plan, Commerce Secretary Sharon Decker visited Japan last week where she met with business interests. Full story...
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GE Hitachi gets approval for new reactor

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videoGE Hitachi Nuclear Energy today announced it has received regulatory approval for a new reactor design. The Nuclear Regulatory Commission approved the company's Economic Simplified Boiling Water Reactor (ESBWR) design certification. Full story...
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Pisgah Inn operator gets 10-year contract

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The operator of Pisgah Inn on the Blue Ridge Parkway has been awarded a contract to operate for another 10 years. Bruce O'Connell told the Asheville Citizen-Times he plans to make improvements to the inn now that he has won the contract again. Full story...
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Business owners say goodbye to summer

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video It's the unofficial end of summer today and many labor day vacationers are packing up and heading home. As tourists say goodbye, businesses are saying goodbye to busy retail traffic Full story...
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GE Aviation says its growth a sign of region's potential

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video This past year GE Aviation invested $14 million in new equipment and added 15 more jobs to the industry. Plant Leader Jason Swinny says this expansion is proof that Wilmington can remain competitive economically. Full story...
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Dozens of jobs affected as Dosher looks to cut costs

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videoDosher Memorial Hospital has announced some details of its plan to cut costs. "It kind of hurts," Dosher volunteer Verda Darrell said. Full story...
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Beer and wine app developer finds new home in Downtown Wilmington

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videoA Wilmington-based company hoping to uncork its knowledge of wine and beer is moving downtown. Full story...
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